The Crossroads: Guiding Families Through Life's Transitions
At Equi, we specialize in helping families navigate the complex journey of transitioning yourself or loved ones to new living arrangements. Whether it's downsizing to a smaller home, moving to a retirement community, or finding assisted living, our comprehensive service provides the support and expertise needed for a smooth transition.
We offer personalized plans that address financial, emotional, and logistical challenges, ensuring peace of mind for both seniors and their families. With our guidance, you can make informed decisions and create a secure, comfortable future for your loved ones.
Process
30 minute complimentary consultation
- Current situation and involved family
- What results are family members looking for
- Obstacles and challenges
- Discuss roles, process and timeline to completion
If we mutually agree to work together, we begin the planning process by gathering data and solidifying goals. A general overview of the topics we’ll cover include:
- Getting organized
- Social circle and family engagement
- Current living situation & desired living arrangement
- Financial health
- Estate plan
Aspects that Make this Program Successful
Practice patience, even if everyone is on-board 100% with the plan, change can be a challenge, and it is perfectly normal to have strong emotions during the process.
You will become quite familiar with my blameless problem-solving approach, your family history may be complicated, and my role is not to take sides or blame any one party, but to move the team towards a mutually agreed upon outcome.
Commitment towards progress, it will be slow at times, my role will be to check in and hold parties accountable for completing actions. Your role will be to complete the tasks agreed upon at our meetings.
Perspectives
Joan's Story
- A Daughter's Journey: Joan has always admired her mother's independence. But now, as she visits her childhood home, she notices signs of change. The garden is overgrown, and the to-do list on the fridge grows longer. Joan worries about her mom living alone and decides it's time for a change. She seeks a living arrangement that offers her mom the independence she values, with the support she needs. With a comprehensive transition plan, Joan hopes to make this the last holiday her mom spends in the old house, paving the way for a new chapter filled with peace and joy.
Mary's Story
- Embracing Change: Joan's mother, Mary has always been fiercely independent. But as the years pass, she feels the weight of age. Tasks that once seemed simple now require more effort, and the house feels emptier. Despite her children's concerns, she maintains her independence. However, she knows Joan is right. The house is too much to manage alone, and the isolation is becoming harder to manage. With Joan's help and a professional transition service, she begins to see the possibilities of a new home that offers community and care. Together, they navigate this transition, each step bringing them closer to a new beginning.
Typical Workflow for the Crossroads
STEP 1
Pre-Planning
Getting started, we need to determine stakeholders and begin gathering information on the financial resources available to implement the plan. This foundational step sets the stage for a successful transition by identifying key players and understanding the financial landscape. It ensures that everyone involved is on the same page and ready to move forward.
STEP 2
Review Financial Goals
What does success look like? In this step, we delve into the details of your goals, their costs, and timelines. By clearly defining what you want to achieve, we can create a roadmap that aligns with your vision. This step is crucial for setting realistic expectations and ensuring that goals are financially feasible.
STEP 3
Evaluate Your Personal Financial Circumstances
The intersection of your goals and your resources. At this stage, we assess the feasibility of your goals based on your current financial situation. This evaluation helps us identify any gaps or adjustments needed to make your plan achievable. It's about aligning your aspirations with your financial reality.
STEP 4
Flexibility
Sometimes obstacles will present themselves, from an unexpected inspection report to changes in financial circumstances. This step is about being adaptable and ready to adjust the plan as needed. We will work together to find solutions and keep moving forward, ensuring that the plan remains on track despite any challenges.
STEP 5
Take Action
Who does what by when. At this phase, we are meeting every other week, making progress, and dealing with the inevitable curveballs. Clear action steps and responsibilities are defined to ensure that everyone knows their role and deadlines. This structured approach helps maintain momentum and accountability.
STEP 6
Monitor & Manage the Financial Plan
Upon completion of the initial plan, there are two possible paths forward:
Project Completion: If the project is complete and you feel confident moving forward independently, we will provide a comprehensive summary of the plan and its implementation. You can always return for a checkup in a few years to ensure everything is still on track and make any necessary adjustments.
Ongoing Planning: If you prefer continuous support, we will hold regular check-ins and updates will help us track progress, make necessary adjustments, and address any new developments. This ongoing process ensures that the plan evolves with your needs and circumstances.
Pricing
- 30-minute complimentary consultation.
- Monthly fee for ongoing financial planning starting at $850/month depending on complexity.
- Note that I do not require that you use my services for investment management, if you already have a relationship with an investment manager, that’s great, but I will want to understand your investment strategy and philosophy and how it fits into your plan.